The St. Petersburg gamble and risk

Theory and Decision 17 (2):193-202 (1984)
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Abstract

One resolution of the St. Petersburg paradox recognizes that a gamble carries a risk sensitive to the gamble's stakes. If aversion to risk increases sufficiently fast as stakes go up, the St. Petersburg gamble has a finite utility.

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10.1007/bf00160983

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Paul Weirich
University of Missouri, Columbia

Citations of this work

Infinite Ethics.Nick Bostrom - 2011 - Analysis and Metaphysics 10:9–59.
Waging War on Pascal’s Wager.Alan Hájek - 2003 - Philosophical Review 112 (1):27-56.
The persecutor's Wager.Craig Duncan - 2007 - Philosophical Review 116 (1):1-50.
The Persecutor's Wager.Craig Duncan - 2007 - Philosophical Review 116 (1):1-50.

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References found in this work

The Foundations of Statistics.Leonard J. Savage - 1954 - Wiley Publications in Statistics.
The Logic of Decision.Richard C. Jeffrey - 1965 - New York, NY, USA: University of Chicago Press.
The Foundations of Statistics.Leonard J. Savage - 1956 - Philosophy of Science 23 (2):166-166.
The Foundations of Statistics.Leonard J. Savage - 1954 - Synthese 11 (1):86-89.

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